# Trump's Big Splash

*Author: Bankless*
*Published: Jan 22, 2025*
*Source: https://www.bankless.com/de/read/trumps-big-splash*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Frame-50567--11-.png)](https://www.bankless.com/sponsor/frax-1737128738?ref=read/infinite-infinitypools&email=true)

  

Trump's Big Splash 

  
  Published on Jan 22, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Frax**](https://www.bankless.com/sponsor/frax-1737128738?ref=read/infinite-infinitypools&email=true) — Fraxtal Ecosystem: Where DeFi Meets AI.

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Silk Road Founder Pardoned
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Group-14---2025-01-22T174719.379.png)](https://www.bankless.com/dashboard)- **⚖️ Trump Pardons Silk Road Founder Ross Ulbricht.** Trump [fulfills another campaign promise](https://www.bankless.com/read/trump-pardons-silk-road-founder-ross-ulbricht) to crypto voters.
- **🔥 Federal Court Overturns Sanctions on Tornado Cash.** A federal court in Texas [knocks down](https://www.bankless.com/read/federal-court-overturns-sanctions-on-tornado-cash) the contentious OFAC smart contract sanction.
- **🌐 Circle Acquires the Largest Tokenized Money Market Fund. **Circle pushes forward as it [acquires USYC issuer Hashnote](https://www.bankless.com/read/circle-acquires-the-largest-tokenized-money-market-fund).
📸**Daily Market Snapshot: **ETH's ratio against BTC continues to drift closer to four-year lows, with ETHBTC down nearly 50% over the past year. As BTC nears new all-time highs, ETH is still down more than 33% from its November 2021 all-time high. 

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.57T
       

  
    
    ↘ 2.2%
    
  

   
    
    ↗ 1.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $104,050
       

  
    
    ↘ 1.6%
    
  

   
    
    ↗ 4.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,238
       

  
    
    ↘ 2.5%
    
  

   
    
    ↘ 5.5%  

 

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ANALYSIS

  
  

Getting Ready for Infinite Leverage on InfinityPools
  
  
   
     
     Bankless Authors: 
     
       [
       
      Kazu Umemoto](https://www.bankless.com/author/kazu)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/image---2025-01-22T174119.198.png)](https://www.bankless.com/read/infinite-infinitypools)InfinityPools' mainnet went live on Base last week, and it has attracted a good deal of attention over its unique mechanisms, which will enable unlimited leverage trading across any token without liquidation risk (as long as users can pay the interest rate). 

As the platform ramps up, things are limited out of the gate – traders can only provide liquidity to sUSDe/USDC and sUSDe/wstETH pools right now, *but* margin traders will*** ***[***very soon***](https://x.com/InfPools/status/1880024456170705036)*** ***be able to get in on the action.

*What's under the hood of the InfinityPools platform? Let's dive in *👇

[Read on Bankless.com](https://www.bankless.com/read/infinite-infinitypools)
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